Ambac Financial Group Inc (AMBC): There are two major issues that I see fo...

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Ambac Financial Group Inc (AMBC)

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Re: None

Friday, 02/04/2011 8:43:01 AM

Friday, February 04, 2011 8:43:01 AM

There are two major issues that I see for Ambac right now, aside from the 600lb gorilla in the room that is the chapter 11 proceedings. One is the IRS issue, and two is the segregated accounts. The IRS issue has yet to be resolved. The details of the segregated accounts can be found here: http://ambacpolicyholders.com/

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